e-money

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Related to Electronic money: Digital money

e-money

(1) See digital coins.

(2) (E-Money) An earlier Web payment processing service from E-Money, Inc., Washington, DC that allowed merchants to process credit cards and initiate direct transfers from customer checking accounts. It was the first to provide direct access to the Automated Clearing House (ACH). See Web payments service.
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The report has pointed to the success achieved by implementation of the electronic money collection through the electronic Form 15, besides the limited difficulties that will be solved.
The central bank of Ghana has announced that it has launched new rules for mobile and electronic money services in the nation.
In relation to the banking activity that banks are authorized to carry out, as the prototype of credit institutions, electronic money institutions were unable to grant credits, and receiving repayable funds was immediately circumscribed to their transformation into electronic money.
Customers can increase their chances of winning by making more electronic money transfers during the period.
In a press conference held at the Turkish Embassy in London following the award ceremony, the Undersecretary of Turkish Customs, Ziya Altunyaldiz, said that there was no other electronic money card as "Gumkart" in any other European country.
Rakuten, using its own large customer base, will seek to bolster the frequency, with which the electronic money is used for online payments, it said.
This tax has been worked out to make a very small levy on every electronic money transfer that happens in the world and then to redirect this cash to the poor nations that need it most.
This digital technology has fostered innovations in a variety of products and services including electronic money and payment systems.
s Suica transport payment system and the Edy electronic money service.
Specializing in electronic money transfer services and merchant payments via the Internet, iKobo is somewhat of a virtual Western Union.
An intense, mostly academic debate has zeroed in on the extent to which holding new forms of electronic money eventually could make central banks obsolete, rendering them powerless to control inflation.
Hitachi's ISM product is a software solution package for Mondex electronic money system construction on the Internet.

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